QUOTE(tikaram @ Jun 14 2013, 12:11 PM)
Near Where ah?
http://uk.news.yahoo.com/malaysias-gamuda-...-235023977.html
KUALA LUMPUR, June 14 (Reuters) - Malaysian construction and property firm Gamuda Bhd said it is buying land worth 620 million ringgit ($197.92 million) in the country's richest state of Selangor for residential and commercial development.
The purchase, to be paid with internal funds and loans, is expected to generate gross development value of 5 billion ringgit over 16 years, Gamuda said in a filing to the stock exchange late Thursday.
The deal covers 724 acres (293 hectares) of agricultural land about 30 kilometres (19 miles) north of the capital Kuala Lumpur. ($1 = 3.1325 Malaysian ringgit) (Reporting by Yantoultra Ngui; Editing by Stephen Coates)
Tikaram bro non stop buying!!! Is market so bullish? http://uk.news.yahoo.com/malaysias-gamuda-...-235023977.html
KUALA LUMPUR, June 14 (Reuters) - Malaysian construction and property firm Gamuda Bhd said it is buying land worth 620 million ringgit ($197.92 million) in the country's richest state of Selangor for residential and commercial development.
The purchase, to be paid with internal funds and loans, is expected to generate gross development value of 5 billion ringgit over 16 years, Gamuda said in a filing to the stock exchange late Thursday.
The deal covers 724 acres (293 hectares) of agricultural land about 30 kilometres (19 miles) north of the capital Kuala Lumpur. ($1 = 3.1325 Malaysian ringgit) (Reporting by Yantoultra Ngui; Editing by Stephen Coates)
Jun 14 2013, 12:14 PM

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